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july. the dow has dropped 434 points since election day alone. and it was down before that. investors are worried about the political parties' ability to work together and they're also still concerned about europe's debt crisis. the newly re-elected president and congress face a january 1st deadline to avoid a combination of tax increases and spending cuts that all sides agree would undermine the military and other basic government functions. it could also plunge the economy back into a recession. hitting our region particularly hard. >>> mayor michael bloomberg has ordered new york city to begin rationing gasoline starting today. this is the first time this has happened since the 1970s. of course the response to the ongoing gas crisis that has closed hundreds of gas stations. desperate drivers have been waiting in line for hours to fill up their tanks, sales are being restricted to cars with even numbered license plates on even days and odd numbered on odd days. new jersey was the first to embrace rationing last saturday. long island is also rationing gas. >>> black friday so last ye
out. the latest comments from mitt romney saying the. won the election because he gave financial and legislative gifts to minorities in obama care and some of the other things. the latest thing with mr. mccain and lindsay graham saying they were going to do anything to block ambassador rice from becoming secretary of state. and we're headed toward the fiscal cliff. how do you feel about that? >> nothing has changed from the election. you have the same players and same breakdown of the government. if anybody thought we were going to have big change, that may have been optimistic. >> what i think is interesting, though, is paul ryan has disappeared from the scene. he was of course one of the biggest folks -- biggest spokesperson for the fiscal cliff. >> the urban people that turned out again. class war in another way. guys, get it together. like howard. >> weather wise, clouds out there. temps around 50 with a mix of sun and clouds today. tomorrow 54, more sunshine. saturday and sunday look okay now. maybe a shower late sunday night into monday. monika? >>> on the northbound side o
. >> that's right coming out of the election of course we're headed into a lame duck session of congress and the pressure is building to get something done before january 1st. that's when the debilitating package of tax hikes and spending cuts hit the country especially washington area. o -- especially the washington area. some are worried it could trigger another recession. lawmakers from both sides of the aisle have some willingness in order to compromise. the house speaker john boehner started a public negotiation with the president said. he said republicans would accept an increase in tax revenues if they're tied to tax and entitlement reform but boehner specifically rejected the way the president would raise revenues with higher taxes and upper income for americans. of course that was pictures of tim kaine that you saw there. the home -- your home is worth some more money. the median price for an existing single home jumped almost 8% in the third quarter compared to the same time last year. this is the biggest jump if six years. the report from -- in six years. the report from the n
a party caucus in the house or the senate. after the 2006 mid-term election, she became the first ever female speaker of itself house -- speaker of the house. >>> making news at this hour, 6:23, the man who accused elmo puppeteer kevin clash of having sex with him when he was just 16 years old is now recanting his story. the man now in his early 20s says his sexual relationship with clash was adult and consensual. clash says, quote, he's relieved this painful allegation has been put to rest. this week sesame workshop announced clash was taking a leave of absence following the accusation. >>> nearly two dozen area schools are possibly going to be closed. at a news conference d.c. school's chancellor kaya henderson released a list of 20 schools she thinks could be closed during the current school year. she says the schools were chosen because of low enrollment, percentage of the buildings that were actually being used and the condition of those buildings. for a complete list of the schools that may possibly close, parent dos have a say on this as well as -- parents do have a say on this
Search Results 0 to 3 of about 4

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